Foster L B vs Douglas Dynamics
Douglas Dynamics is the larger business, with $656m of revenue in fiscal 2025 against $540m for Foster L B (1.2 times as much). Douglas Dynamics grew faster (15.4% against 1.7%). Douglas Dynamics kept more of each dollar of sales as profit: a net margin of 7.1% against 1.4%. Foster L B carries less debt relative to equity (24.4% against 52.9%).
| Latest fiscal year | Foster L BFSTR, 2025 | Douglas DynamicsPLOW, 2025 |
|---|---|---|
| Revenue | $540m | $656m |
| Revenue growth | 1.7% | 15.4% |
| Net income | $7.5m | $46.9m |
| Operating margin | 4.1% | 11.2% |
| Net margin | 1.4% | 7.1% |
| Return on equity | 4.3% | 17.2% |
| Free cash flow | $25.2m | $63.9m |
| Cash | $4.3m | $8.3m |
| Total debt | $42.8m | $149m |
| Debt to equity | 24.4% | 52.9% |
| Dividend per share | — | $1.18 |
| Dividend yield | — | 3.1% |
| Share buybacks | $16.5m | $6.0m |
| Employees | 1,191 | 1,764 |
| Market value | $383m | $854m |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 34 (Weak) | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 26 sales | 0 buys, 2 sales |